IBJNews

Lilly to spend $140M on new insulin cartridge plant

Back to TopCommentsE-mailPrintBookmark and Share

Eli Lilly and Co. will spend $140 million to construct an 88,000-square-foot plant southwest of downtown Indianapolis to make cartridges for insulin pens.

The Indianapolis-based drugmaker announced details of the expansion Thursday morning at a press conference on the site of the new plant on South Harding Street. The new plant, first announced on Tuesday, will adjoin Lilly’s existing manufacturing complex, known as the Lilly Technology Center.

About 100 workers will staff the new plant, which will be constructed by spring 2014 and ready for operations in 2015. But only “some” of that number will be additional jobs on top of the 3,000 manufacturing workers Lilly already employs in Indianapolis, according to Lilly.

Wages for the new jobs will be similar to those earned by Lilly's existing manufacturing work force, although Lilly officials declined to disclose details.

Lilly officials also said they plan to apply for tax abatements from the city.

“This expansion reinforces our commitment to manufacturing here in Indianapolis,” said Maria Crowe, Lilly’s president of manufacturing operations. Lilly’s last manufacturing expansion in Indianapolis was more than 20 years ago.

Crowe said Lilly needs the new plant because demand for insulin continues to rise in the United States and globally. The company already makes insulin cartridges in Italy and France, and will continue to expand those plants, too.
 

ADVERTISEMENT

  • Details Details Details
    How much taxpayer grants, tax incentives, public infrastructure investment, etc. is being put into this project and how many new jobs?

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT